Size every gold trade before you click: 4 free tools

Before you open a gold chart, decide how much you can afford to be wrong. Here is a simple routine for XAUUSD, using four free tools.

1. Size the position first. Pick a risk amount you are comfortable with, set your stop distance, and let the calculator turn that into a lot size: https://baroqtech.com/tools/position-size?utm_source=devto&utm_medium=social&utm_campaign=freetools
2. Read gold volatility. XAUUSD can move a lot in a session. Check current volatility so your stop distance reflects the market, not a guess: https://baroqtech.com/markets/volatility?utm_source=devto&utm_medium=social&utm_campaign=freetools
3. Write a trading plan. Entry rule, stop, exit and a daily loss limit, written down before you trade: https://baroqtech.com/tools/trading-plan?utm_source=devto&utm_medium=social&utm_campaign=freetools
4. Start here. A walkthrough of the free tools: https://baroqtech.com/start?utm_source=devto&utm_medium=social&utm_campaign=freetools

Free Baroq VIP (not for US persons): https://t.me/baroqtech_bot?startapp=free_vip

Education and software only. Not financial advice. Trading carries risk. Written with AI assistance.